Top Cryptocurrency Brokerage Firm for 2021

We found 11 online brokers that are appropriate for Trading Cryptocurrency Brokerage Firm.

Best Cryptocurrency Brokerage Firm Guide

Updated April 21, 2021

Cryptocurrency Brokerage Firm

Trading in Bitcoin or other crypto coins requires the help of a trusted cryptocurrency brokerage firm.

In this article we will discuss the virtual currency, the brokers who deal in the industry and what to look for before taking the assistance of a brokerage firm.

What is Bitcoin

Invented in 2008, Bitcoin is a decentralized digital currency that is not administered by a central bank and sent through a peer-to-peer network.

All the transactions are recorded in a public distributed ledger known as blockchain.

What is Cryptocurrency

Cryptocurrency is a digital asset and considered as a medium of exchange. It is decentralized and is not controlled by any central banking system.

Bitcoin is the first cryptocurrency that was released in 2009. Currently, there are more than 6,000 variants of cryptocurrencies.

What is a bitcoin broker

A broker or middleman who deals in bitcoin is called as a bitcoin broker. In general, a cryptocurrency brokerage firm deals in bitcoin and most of the digital currencies. It buys and sells the coins at a certain fixed price.

How do Cryptocurrency Brokerage Firm Work

The cryptocurrency brokerage firm allows buying and selling of the crypto coins through a trading platform at a set value.

Both buyer and seller do not hold any real coin, but just own the value-change of the currencies. So, basically it is a trade. For instance, if a trader buys 100 bitcoins at $1,000 and sells the same volume at $1,100, he keeps the extra $100 as a profit of the trade.

How to Use Cryptocurrency Brokerage Firm

It is not complex. One would need to visit the official website of a cryptocurrency brokerage company.

Locate the current rate of currency exchange and if it is satisfactory, open an account. Once the account is open, select the volume of purchase to be made and thereafter submit your payment details.

What to Look for in Cryptocurrency Brokerage Firm

It is true that all the brokers may not be trustworthy, hence, it is important to consider certain factors before dealing with a cryptocurrency brokerage firm. We will discuss this below:

User Interface

The main purpose is to buy the coins in an easier process and hence the user interface of the website needs to be friendlier. Never deal with such a broker whereby the website is complicated.

Price

The buying price may differ from one broker to another and hence it is important to find out which cryptocurrency brokerage firm is offering the lowest rate. It is important to ensure the commissions charges are clearly mentioned.

Payment Charges

Even though a broker may offer the lowest exchange rate, the company may charge a good commission on a transaction, hence, it is suggested to ensure the commission is comparatively low or waived. Furthermore, transactions via a credit card could be expensive.

Reputation

A good reputation of a cryptocurrency brokerage firm is important. It should have a good standing among clients and others. A company with a bad reputation may disappear shortly after accepting cash. Crypto transactions are legal in some countries and the brokers are regulated. It is more beneficial to deal with a regulated broker.

Coin Variation

A good and reputed cryptocurrency brokerage firm deals in more than one cryptocurrency. It will offer most of the top coins. A concerned trader always looks beyond bitcoin as the better exchange rate can be availed and more profits can be made.

Is Verifying Identity Required

This is a common question asked by many. Verifying oneself is needed. The documents required can be a passport or a driving license as proof of ID. Bank statement or utility bill works as an address proof.

Cryptocurrency Brokerage Firm vs Exchange

A cryptocurrency exchange is a place where one can buy and own the coins directly from others while a cryptocurrency brokerage firm helps in buying the value of the currency from its platform.

Cryptocurrency exchanges are not easy. These are slightly complicated as order lists refresh constantly and this contains price charts. A broker provides a fixed price.

Can Cryptocurrency Brokerage Firm Facilitate Buying Multiple Currencies

Yes, a cryptocurrency brokerage firm facilitates buying more than one cryptocurrency. However, they deal mostly with leading coins like Bitcoin, Litecoin, Ethercoin and Ripple.

Cryptocurrency Brokerage Firm Pros and Cons

Pros

A cryptocurrency brokerage firm makes buying easier and offers more protection from value fluctuations. They have a good customer support system and facilitate a wide range of payment options.

Cons

Some of the brokers are not regulated and will quote higher prices.

It is always suggested to find a regulated broker to remain secure and protected. Furthermore, it may be an added advantage if the broker deals in more than just one crypto currency.

We've collected thousands of datapoints and written a guide to help you find the best Cryptocurrency Brokerage Firm for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best cryptocurrency brokerage firm below. You can go straight to the broker list here.

Reputable Cryptocurrency Brokerage Firm Checklist

There are a number of important factors to consider when picking an online Cryptocurrency Brokerage Firm trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Cryptocurrency Brokerage Firm.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Cryptocurrency Brokerage Firm of 2021 compared

Here are the top Cryptocurrency Brokerage Firm.

Compare Cryptocurrency Brokerage Firm min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are cryptocurrency brokerage firm. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more cryptocurrency brokerage firm that accept cryptocurrency brokerage firm clients

Broker eToro XTB AvaTrade EasyMarkets Plus500 SpreadEx City Index Markets.com Admiral FXPro Trade.com
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC)
Min Deposit 200 No minimum deposit 250 100 100 1 25 250 200 100 1
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 20,000,000+ 250,000+ 200,000+ 142,500+ 15,500+ 10,000+ 14,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Mini account
  • Islamic account
  • Mini account
  • Standard account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
xtb
Sign Up with
avatrade
Sign Up with
easymarkets
Sign Up with
plus500
Sign Up with
spreadex
Sign Up with
cityindex
Sign Up with
marketscom
Sign Up with
admiralmarkets
Sign Up with
fxpro
Sign Up with
tradecom
Risk Warning 67% of retail investor accounts lose money when trading CFDs with this provider. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 72% of retail investor accounts lose money when trading CFDs with this provider Your capital is at risk 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Losses can exceed deposits Your capital is at risk Your capital is at risk
Demo eToro
Demo
XTB
Demo
AvaTrade
Demo
easyMarkets
Demo
Plus500
Demo
SpreadEx
Demo
City Index
Demo
Markets.com
Demo
Admiral Markets
Demo
FxPro
Demo
Trade.com
Demo
Excluded Countries IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, US, IN, PK, BD, NG , ID, BE BE, BR, KP, NZ, TR, US, CA, SG US MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE US, TR US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW AU, RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR US, CA, JP, SG, MY, JM, IR, TR US, IR, CA AU, BE, CA, CN, Crimea region, CY, CU, of CG, ER, HK, GW, IQ, IR, JP, IL, LY, NZ, CY, KR, PR, SG, SO, SD, SYn Arab, TR, US, VI, US

All Cryptocurrency brokerage firm in more detail

You can compare Cryptocurrency Brokerage Firm ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Cryptocurrency Brokerage Firm for 2021 article further below. You can see it now by clicking here

We have listed top Cryptocurrency brokerage firm below.

Cryptocurrency Brokerage Firm List

eToro
(4/5)
Min deposit : 200
eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs.


Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
City Index
(4/5)
Min deposit : 25
City Index was established in 1983 and is used by over 14000+ traders. 75% of retail investor accounts lose money when trading CFDs with this provider City Index offers Forex, CFDs, Spread Betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS)
Markets.com
(4/5)
Min deposit : 250
Markets.com was established in 2008 and is used by over 10000+ traders. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
Admiral
(2/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
FXPro
(2/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 10000+ traders. Your capital is at risk FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
Trade.com
(3/5)
Min deposit : 1
Trade.com was established in 2009 and is used by over 10000+ traders. Your capital is at risk Trade.com offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)